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four days until we hit the fiscal cliff. good morning everybody. i'm aaron gilchrist. >> i'm eric go-- erika gonzalez. it's the last friday of the year, mr. gilchrist. >> yes, it is. >>> we could be talking rain and snow by tomorrow morning at this time. let's take a live look outside. looks to be nice. there's v.j. >> hi guys. happy friday. >> happy friday to you. skies look pretty good
four days until we hit the fiscal cliff. good morning everybody. i'm aaron gilchrist. >> i'm eric go-- erika gonzalez. it's the last friday of the year, mr. gilchrist. >> yes, it is. >>> we could be talking rain and snow by tomorrow morning at this time. let's take a live look outside. looks to be nice. there's v.j. >> hi guys. happy friday. >> happy friday to you. skies look pretty good
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two hours after america went off the fiscal cliff. >> happy new year. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families making over $450,000. president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind, just last month, republicans in congress said they would never agree to raise tax rates on wealthiest republicans. >> reporter: only 5% said no. >> americans will wake up today to be sure that their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his might not go along. boehner sent republicans home to celebrate the new year without the fiscal cliff. >> everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house take
two hours after america went off the fiscal cliff. >> happy new year. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families...
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and fiscal cliff. so on to a new year. and a final word on 2012. >> hoping change for a better new year. >> happy new year! >> reporter: it was balmy last year when the ball dropped, in the mid 40s. not so lucky this time around. wind chill at midnight expected in the mid 20s. everyone is bundled up, kate. happy new year. >> happy new year to you, ron mott. and did you say fiscal cliff was on the banned list? that is our broadcast for this new year's eve. and on this last night of the year, we want to remind you, ring in 2013 on new year's eve with carson daly, starting tonight at 10:00 here on nbc. i'm kate snow in for brian williams. we hope to see you back here tomorrow evening. good evening and happy new year. . good evening and happy new year.
and fiscal cliff. so on to a new year. and a final word on 2012. >> hoping change for a better new year. >> happy new year! >> reporter: it was balmy last year when the ball dropped, in the mid 40s. not so lucky this time around. wind chill at midnight expected in the mid 20s. everyone is bundled up, kate. happy new year. >> happy new year to you, ron mott. and did you say fiscal cliff was on the banned list? that is our broadcast for this new year's eve. and on this...
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Jan 1, 2013
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country prepares to welcome and -- welcome in a new tor, time is running out avoid the fiscal cliff. news of an agreement between the came inuse and senate last 90 minutes. we have been following the twists and turns. this does not mean that a deal done, right? >> it has been reached behind closed doors. we are at 0 hours. 58 minutes until we go over the fiscal cliff. there has been a lot of light breaking developments. deal has beena reached that would stop the big that would be enacted across the board if we over the fiscal cliff. this is a live picture from the capital. been a flurry of activity tonight. this still addresses some of the about to happen -- the deal addresses some of to happen asbout well. the vice president walked past d was asked if a deal had been reached. here's what happened. >> happy new year. >> do you have a deal? >> happy new year. >> happy new year. he would not answer the question. that he was smiling is taken as a good sign. e deal that has reportedly reached keeps taxes the every one making $450,000 or less. it also appears this avoids the to defense an
country prepares to welcome and -- welcome in a new tor, time is running out avoid the fiscal cliff. news of an agreement between the came inuse and senate last 90 minutes. we have been following the twists and turns. this does not mean that a deal done, right? >> it has been reached behind closed doors. we are at 0 hours. 58 minutes until we go over the fiscal cliff. there has been a lot of light breaking developments. deal has beena reached that would stop the big that would be enacted...
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news 4 continues right now on at 5:00 a.m. >>> we have gone off the fiscal cliff this morning. but all hope is not lost as congress and the white house move closer to a deal. >>> plus a historic new year's morning in maryland as same sex couples waste no time saying i do. good morning everybody. i'm aaron gilchrist. >> i'm erika gonzalez in for eun yang. welcome to news4 today. it is tuesday, january 1st. gorgeous -- i was going to say gorgeous night. no, gorgeous morning because i haven't slept. >> a lot of people are saying the exact same thing. gorgeous morning on this january 1st. it is cold. if you're heading out to maybe breakfast or you're just waking up. >> yeah. let's check the forecast now. here's tom. >> or just getting home. good morning and good night. as we start off this morning, we do have a lot of cloudiness. there is a front that's going to be approaching us later today. by the time you're waking back up again, you may have a few flurries flying outside your window. storm team 4 radar showing a few scattered maybe rain, sprinkles reaching the ground. eastern n
news 4 continues right now on at 5:00 a.m. >>> we have gone off the fiscal cliff this morning. but all hope is not lost as congress and the white house move closer to a deal. >>> plus a historic new year's morning in maryland as same sex couples waste no time saying i do. good morning everybody. i'm aaron gilchrist. >> i'm erika gonzalez in for eun yang. welcome to news4 today. it is tuesday, january 1st. gorgeous -- i was going to say gorgeous night. no, gorgeous...
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Dec 30, 2012
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cliff. sources tell nbc news party leaders in the senate are drafting a small stop-gap plan. the question is whether minority leader mitch mcconnell and majority leader harry reid can draft a bill that will pass the house. any bill that does come up for a vote tomorrow or monday will likely not address massive spending cuts but lawmakers are trying to avoid tax increases for most americans. nbc's david gregory talked to president obama about negotiations today in an interview that airs on "meet the press" tomorrow. the president continues to be optimistic but he, i think, in part is doing the interview on "meet the press" because he wants to keep the pressure on republicans to get something done and made very clear in the course of the interview that there's a political cost to be paid if there is not a deal. you can see the full interview with the president from the white house tomorrow morning on "meet the press" at 10:30 right here on nbc 4. >>> some good news for former president george
cliff. sources tell nbc news party leaders in the senate are drafting a small stop-gap plan. the question is whether minority leader mitch mcconnell and majority leader harry reid can draft a bill that will pass the house. any bill that does come up for a vote tomorrow or monday will likely not address massive spending cuts but lawmakers are trying to avoid tax increases for most americans. nbc's david gregory talked to president obama about negotiations today in an interview that airs on...
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year. >>> first up tonight at 6:00, breaking news on the fiscal cliff. talks on capitol hill. house republicans are meeting for the second time today to decide what to do with a bill passed in the senate early this morning. >> some house members don't like the deal because it doesn't include spending cuts. but if they opt to make changes, senate leaders say that there will be anyone around to vote on it. the issue would be left important the new congress to handle and whole process would start from scratch after the new members are sworn in later this week. jennifer johnson is live on capitol hill tonight with more on the back and forth we have seen all day today. jennifer? >> good evening. that's right. house went into session at noontime today. since then meeting after meeting but no vote. at this point it does not look like there will be a rote on the senate bill that passed at 2:00 a.m. this morning. it does not appear the house will vote on that bill. tense new year for john boehner as he meets with fellow republicans whether to okay the fiscal clif
year. >>> first up tonight at 6:00, breaking news on the fiscal cliff. talks on capitol hill. house republicans are meeting for the second time today to decide what to do with a bill passed in the senate early this morning. >> some house members don't like the deal because it doesn't include spending cuts. but if they opt to make changes, senate leaders say that there will be anyone around to vote on it. the issue would be left important the new congress to handle and whole...
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kyla campbell, ktvu channel 2 news. >> thank you. >>> with all of the focus on the fiscal cliff, a new bill to prevent the so-called dairy cliff is also in play today. the house is expected to vote on a one-year extension of the expiring u.s. farm bill. leaders from the house and senate agricultural committees have already agreed to the bill. if it's not passed, milk prices could double up to $8 a gallon. >>> a number of new laws are ahead for the new year, including one in alameda county that claims to keep plastic bags out of the hands of shoppers. new at noon, brian flores is live with a new bag ban and reaction from residents and a store manager. >> reporter: hi, david. plastic bags could be a thing of the past. starting tomorrow, shoppers are urged to bring in their own reusable bags or will be charged for each paper bag they use. >> happy new year. >> reporter: with the new year comes new laws for shoppers in alameda county. starting tomorrow, customers will need to bring in their own reusable bag. or if they forget, they will need to shell out 10 cents per bag. >> i don't think
kyla campbell, ktvu channel 2 news. >> thank you. >>> with all of the focus on the fiscal cliff, a new bill to prevent the so-called dairy cliff is also in play today. the house is expected to vote on a one-year extension of the expiring u.s. farm bill. leaders from the house and senate agricultural committees have already agreed to the bill. if it's not passed, milk prices could double up to $8 a gallon. >>> a number of new laws are ahead for the new year, including one...
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Dec 29, 2012
12/12
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the president got a little upset during tonight's fiscal cliff news conference and it had nothing to do with the issues. >> guys, i can hear you over there. >> yeah. that was the president scolding network cameramen. apparently they were being a little too plowed. you could actually hear them offset. there were words with the concern men after the president spoke which had to be pretty embarrassing. >>> we have the fire and else live to talk about the fire that took one woman's life. mark, what do we know about the victims and why was the one woman not able to get out in time. >> good evening, derek. we did have a tragic fire here in the city of green belt in the number two court of laurel hill road. when firefighters arrived, there was a heavy fire in the first floor already extending up to the second. it eventually burned through the roof. fire investigators are interviewing people. what we're hearing is the possibility that she may have left the house, got out safely before returning back into the house. and obviously, that's something we never want anybody to do, is once you're o
the president got a little upset during tonight's fiscal cliff news conference and it had nothing to do with the issues. >> guys, i can hear you over there. >> yeah. that was the president scolding network cameramen. apparently they were being a little too plowed. you could actually hear them offset. there were words with the concern men after the president spoke which had to be pretty embarrassing. >>> we have the fire and else live to talk about the fire that took one...
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coming up, how people here are getting ready for the new year. >> time is up to avert the fiscal cliff. the last minute scrambling at this house going on behind closed doors. >> and the redskins pull it off. they knock off the cowboys. >> welcome to news 4 midday. >> it's new year's eve, monday, december 31, 2012. >> it's down to the wire. we are less than 24 hours away from hitting the so-called fiscal a cliff right now. the house and senate are striking a deal oh avoid massive tax hikes and spending cuts. derek ward is live with more on what's happening today. >> the end is near. that's the end of the year, of course. what about the path that ends at the end of the fiscal cliff. senators should be back at it. the house reconvened this morning. such new year's eve appearances are on the hill. senate minority leader mitch mcconnell and joe biden kept in place to avoid $200 billion in tax increases. broad stroke spending cuts and domestic and defense spending. they would take effect gradually over a period beginning at midnight if the white house and congress can't reconcile their diffe
coming up, how people here are getting ready for the new year. >> time is up to avert the fiscal cliff. the last minute scrambling at this house going on behind closed doors. >> and the redskins pull it off. they knock off the cowboys. >> welcome to news 4 midday. >> it's new year's eve, monday, december 31, 2012. >> it's down to the wire. we are less than 24 hours away from hitting the so-called fiscal a cliff right now. the house and senate are striking a deal oh...
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i think many of his tactics with regard to the fiscal cliff negotiations reflect a new understanding of how he is going to try and conduct his own business going forward. i am not optimistic, and hopefully we can get closer to that point, but look at where we are right now and we still don't have it. >> we have a lot more to get to after the break, so stick around on >>> hi, i am angie goff. here are some of the stories we are following this morning. it's do or die for the redskins as they face the cowboys tonight at home at fedex game. a win means a spot in the playoffs, and a loss means they will have to claw their way there. kickoff is at 8:20 here on nbc 4. metro will be open an extra hour because of the redskins game. meantime, track work is at a minimum this weekend. and tonight red line lanes will single track. and the emancipation praubg law indication goes on display. we will have more news later, but for now back to "viewpoint." >> i want to talk if we can about nonprofits, mary's center, who deal with family and kids every day on the health care and jobless and homeless fr
i think many of his tactics with regard to the fiscal cliff negotiations reflect a new understanding of how he is going to try and conduct his own business going forward. i am not optimistic, and hopefully we can get closer to that point, but look at where we are right now and we still don't have it. >> we have a lot more to get to after the break, so stick around on >>> hi, i am angie goff. here are some of the stories we are following this morning. it's do or die for the...
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. >> happy new year. >> to sell democrats on the fiscal cliff deal he made with senate republicans. it would keep taxes from rising on 98% of americans but raise rates on families making over $450,000 a year. president obama campaigned for a lower cut off. $250,000. but he claimed victory. >> keep in mind that just last month republicans in congress said they would never agree to raise tax rates on the wealthiest americans. >> reporter: but house speaker john boehner and his gop lawmakers might still not agree. >> the house stands adjourned until noon tomorrow. >> boehner sent house lawmakers home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> off the cliff at midnight the economy could take a hit but senate leaders hope to counter that with a rare, strong, bipartisan vote. house conservatives could still reject the plan and keep america from climbing back up the cliff. i'm steve handelsman, news 4, capitol hill. >> again the senate is expected to vote on those bills sometime late to
. >> happy new year. >> to sell democrats on the fiscal cliff deal he made with senate republicans. it would keep taxes from rising on 98% of americans but raise rates on families making over $450,000 a year. president obama campaigned for a lower cut off. $250,000. but he claimed victory. >> keep in mind that just last month republicans in congress said they would never agree to raise tax rates on the wealthiest americans. >> reporter: but house speaker john boehner and...
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but there was an early morning vote on a deal to get us off the fiscal cliff. in just a moment, exactly what senators agreed to and why we're not out of the woods just yet. first, welcome back to news4 today and happy new year to you folks. i'm aaron gilchrist. >> i'm erika gonzalez in for eun yang. >> there's a party. hundreds of people gathering for the annual first-night celebration in alexandria. fireworks lit up the sky in old town at the stroke of midnight there. a lot of fun for the whole family. children had a chance to get their faces painted, do a little dancing there. live music, lots of food as well. 2013 off to a bit of a chilly start. >> meteorologist tom kierein is on the storm team 4 weather deck. how about it, tom? pretty chilly out there? >> the revelers have gone to sleep. it's all quiet now here in northwest washington and it's calm and cold. starting off this morning, we've got a cloudy sky all over the region. as we take a look at the radar, we've had some sprinkles of light rain. those areas in green. passing mainly just south and southea
but there was an early morning vote on a deal to get us off the fiscal cliff. in just a moment, exactly what senators agreed to and why we're not out of the woods just yet. first, welcome back to news4 today and happy new year to you folks. i'm aaron gilchrist. >> i'm erika gonzalez in for eun yang. >> there's a party. hundreds of people gathering for the annual first-night celebration in alexandria. fireworks lit up the sky in old town at the stroke of midnight there. a lot of fun...
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details ahead. >>> looking over the fiscal cliff. is a last-second deal even possible? >>> kim kardashian and kanye west expecting a baby. >>> new year's eve preps and the new york giants open their hearts to the families of newtown, connecticut. "early today" starts right now. >>> and a very good morning to you on this new year's eve. it's nice to see you this morning. i'm veronica de la cruz. we begin with secretary of state hillary clinton in the hospital. clinton was admitted to new york presbyterian hospital after the discovery of a blood clot stemming from the concussion she sustained earlier this month. the clot was discovered during a followup exam sunday. she's being treated with blood thinners, and doctors will monitor the medication over the next two days. the 65-year-old clinton fell and suffered a concussion when she fainted while home alone in mid-december as she recovered from a stomach virus that left her severely dehydrated. clinton had been planning to return to work this week. >>> it is crunch time on capitol hill. senate and house negotiators have ju
details ahead. >>> looking over the fiscal cliff. is a last-second deal even possible? >>> kim kardashian and kanye west expecting a baby. >>> new year's eve preps and the new york giants open their hearts to the families of newtown, connecticut. "early today" starts right now. >>> and a very good morning to you on this new year's eve. it's nice to see you this morning. i'm veronica de la cruz. we begin with secretary of state hillary clinton in the...
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whathappens now that both sides have reached a deal on the fiscal cliff. >> i'm so excited. >> the kounlt down to the new year means very soon some same same-sex couples will be tying the knot in maryland. >> will there be snow or rain tomorrow, we'll talk about it. >> and we're working for you safety tips you need to know before you break open the buply. . >> and bebegin -- we begin with a live look at the crowd in downtown baltimore. thousandspacking the harbor to ring in the new year with the annual fireworks display. the strokeof midnight will bring an exchanging of rings for some of maryland's same sex couples. >> christian, this couple has spent 12 years together now they will marry one minute after midnight when it's legal to do so in maryland. we have seen football players and fast food owners speak up on the issue. now the celebrations begin. . >> . >> 12 years of dating and finally the day comes, she's getting her make up done by her sister. >> you might think things are impossible but if you work on it, things can become possible. >> she and her partner worked on the campaign t
whathappens now that both sides have reached a deal on the fiscal cliff. >> i'm so excited. >> the kounlt down to the new year means very soon some same same-sex couples will be tying the knot in maryland. >> will there be snow or rain tomorrow, we'll talk about it. >> and we're working for you safety tips you need to know before you break open the buply. . >> and bebegin -- we begin with a live look at the crowd in downtown baltimore. thousandspacking the harbor...
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the good news is that lawmakers could, even if we go over the fiscal cliff, retroactively fix those tax increases and spending cuts. but, mara, the big question is what is even an temporary uncertainty going to do to the stock market. >> danielle leigh, thank you for that report. >>> the nation is mourning the loss of one of the great military leaders of our time. retired four star general norman schwarzkopf died in his home in tampa, florida. the cause of death is unknown. he was 78. known as stormin' norman was movies famous for leading the victory in 1991. under schwarzkopf's command he earned two purple hearts. the white house is calls schwarzkopf an american original. general colin powell said of his friend that he, quote, not only inspired his troops but as inspired the nation. schwartz cough is survived by his wife brenda and his three children. >>> former president george h.w. bush remains in the hospital in houston recovering from a terrible case of bronchitis which has triggered a series of complications. while mr. bush's condition is serious, in an e-mail yesterday, a spokesm
the good news is that lawmakers could, even if we go over the fiscal cliff, retroactively fix those tax increases and spending cuts. but, mara, the big question is what is even an temporary uncertainty going to do to the stock market. >> danielle leigh, thank you for that report. >>> the nation is mourning the loss of one of the great military leaders of our time. retired four star general norman schwarzkopf died in his home in tampa, florida. the cause of death is unknown. he...
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. >> gallup in early december saying 58% of the public thought we'd avert the fiscal cliff. new poll shows it's dipped to 50% thinking that. the public thinks we are headed for a big problem. >> doug: breaking news from treasury secretary geithner it go about the debt ceiling. are we about to go to default? >> yes and no. secretary gite it go says today that we will hit debt ceiling on december 31, new year's eve. it only buys a couple of months. it proves even if we get through the fiscal cliff situation we are headed for a major showdown next year. >> doug: ed henry traveling with the president in honolulu. what happens if we go over the fiscal cliff? molly henneberg explains it means more money of the of your wallet. >> taxes are going up on everyone immediately. if washington can't come to a deal on the fiscal cliff. >> you have less money in a difficult economy with little clarity. >> the economy will go down sharply. >> look at the number from the tax policy center. this is the average tax hit the families take on top of what they pay on taxes. those make between $40,0
. >> gallup in early december saying 58% of the public thought we'd avert the fiscal cliff. new poll shows it's dipped to 50% thinking that. the public thinks we are headed for a big problem. >> doug: breaking news from treasury secretary geithner it go about the debt ceiling. are we about to go to default? >> yes and no. secretary gite it go says today that we will hit debt ceiling on december 31, new year's eve. it only buys a couple of months. it proves even if we get...
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our starting point in the special fiscal cliff edition of "starting point" is breaking news, a fiscal cliff deal struck in the senate overnight. now our paycheck and the u.s. economy are in the hands of the house of representatives. this is the latest, a bill crafted by vice president joe biden and minority leader mitch mcconnell passed 89-6 margin just after 2:00 in the morning. the republican controlled house has agreed to consider it later in the morning but it is anyone's guess how that will go. if the house votes yes the measure would generate about $600 billion in new revenues over the next ten years. that is a big if, if you listen to what republican congressman phil gingrey said this morning. >> reporter: at one point the live and divide another day you have to dig in your heels and say by golly i'm going to die over this today because it's important to the people of my district and this country. >> are there enough votes in the house to pass this? it will take a combination of democratic and republican votes. if the senate measure does get through the house here is what the p
our starting point in the special fiscal cliff edition of "starting point" is breaking news, a fiscal cliff deal struck in the senate overnight. now our paycheck and the u.s. economy are in the hands of the house of representatives. this is the latest, a bill crafted by vice president joe biden and minority leader mitch mcconnell passed 89-6 margin just after 2:00 in the morning. the republican controlled house has agreed to consider it later in the morning but it is anyone's guess...
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cliff. we'll have to see if john boehner goes along with that one and if the obama plan can pass the senate, but there's a bit of optimism, a bit of energy, the body language finally looks a bit more positive. back to you. >> steve, with that improvement body language and the prospects that maybe something will happened, doesn't the fact remain that representative boehner does not seem to have control of the republicans in the house, a group of them standing firm, no taxes -- on a no tax increase on anybody. >> that's right, which is why boehner pulled the plug, jim, you'll recall, on that vote, which was supposed to be a show vote to put the pressure on the president to draw the line at a million. when he realized he didn't have a majority of the republicans, he didn't go forward. what this is now is an old school where you have a bipartisan society, where boehner would be asked to permit a vote, even if he knew most republicans would vote no. it's humiliating for a speaker, especially in t
cliff. we'll have to see if john boehner goes along with that one and if the obama plan can pass the senate, but there's a bit of optimism, a bit of energy, the body language finally looks a bit more positive. back to you. >> steve, with that improvement body language and the prospects that maybe something will happened, doesn't the fact remain that representative boehner does not seem to have control of the republicans in the house, a group of them standing firm, no taxes -- on a no tax...
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meanwhile amid stay the chaos around the fiscal cliff, the new year actually was ushered in last night. and in many places it happened in grand style. the crowd estimated at 1 million packed new york's times square, and they counted down to 2013. ♪ >> 5, 4, 3, 2 -- happy new year! >> i can't believe i slept through that. and 2013 rolls into las vegas, a spectacular fireworks show lit up the night sky over the vegas strip. check that out. that's pretty cool. >> this is our new year's eve right here. >> this is how losers celebrate new year's, ladies and gentlemen. >> we're geeks. not losers. >> thank you very much. meanwhile other news two planes were damaged at fort lauderdale hollywood airport last night when the wing of a taxiing spirit airline flight clipped the tail section of a parked united airline jet. there was a gash in the tail section of the united plane but no fuel leaked from either aircraft and no injuries were reported. >> still to come on "early start" as we've been reporting, new details on secretary of state hillary clinton's health scare. a blood clot in her head.
meanwhile amid stay the chaos around the fiscal cliff, the new year actually was ushered in last night. and in many places it happened in grand style. the crowd estimated at 1 million packed new york's times square, and they counted down to 2013. ♪ >> 5, 4, 3, 2 -- happy new year! >> i can't believe i slept through that. and 2013 rolls into las vegas, a spectacular fireworks show lit up the night sky over the vegas strip. check that out. that's pretty cool. >> this is our...
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. >> gallup in early december saying 58% of the public thought we'd avert the fiscal cliff. new poll shows it's dipped to 50% thinking that. the public thinks we are headed for a big problem. >> doug: breaking news from treasury secretary geithner it go about the debt ceiling. are we about to go to default? >> yes and no. secretary gite it go says today that we will hit debt ceiling on december 31, new year's eve. it only buys a couple of months. it proves even if we get through the fiscal cliff situation we are headed for a major showdown next year. >> doug: ed henry traveling with the president in honolulu. what happens if we go over the fiscal cliff? molly henneberg explains it means more money of the of your wallet. >> taxes are going up on everyone immediately. if washington can't come to a deal on the fiscal cliff. >> you have less money in a difficult economy with little clarity. >> the economy will go down sharply. >> look at the number from the tax policy center. this is the average tax hit the families take on top of what they pay on taxes. those make between $40,0
. >> gallup in early december saying 58% of the public thought we'd avert the fiscal cliff. new poll shows it's dipped to 50% thinking that. the public thinks we are headed for a big problem. >> doug: breaking news from treasury secretary geithner it go about the debt ceiling. are we about to go to default? >> yes and no. secretary gite it go says today that we will hit debt ceiling on december 31, new year's eve. it only buys a couple of months. it proves even if we get...
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and there's a new call for a vote on that senate deal to avoid the fiscal cliff. but it looks like the senate is done for now. >> the survivor of the massacre at sandy hook are preparing to take a new step towards returning to life in the classroom. >>> flames devour a church on new years's day. but it i might the faithful to come together. good evening and happy new we are. i'm jim handly. >> i'm angie goss in for wendy rieger. >> so close and yet so far. right now the country remains without a deal on the fiscal cliff. although the senate's solution passed by an overwhelming majority this morning, the process has come to a screeching halt on the house side. the number two republican in the house, virginia congressman eric cantor, says he cannot support the bill as it stands now. many republicans say that they are upset the bill doesn't do much to cut federal spending. democrats are demanding the vote but house speaker john boehner has not agreed to let members vote or amend the bill. >> that's fair enough. some have principled opposition. you also have to be pic
and there's a new call for a vote on that senate deal to avoid the fiscal cliff. but it looks like the senate is done for now. >> the survivor of the massacre at sandy hook are preparing to take a new step towards returning to life in the classroom. >>> flames devour a church on new years's day. but it i might the faithful to come together. good evening and happy new we are. i'm jim handly. >> i'm angie goss in for wendy rieger. >> so close and yet so far. right now...
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. >>> stocks rebounded today on news that the house would reconvene on the fiscal cliff after diving more than 150 points the dow bounced back to lose only 18 points. it was the fourth straight day of losses. >> i don't know there's a word to describe how -- the public is going to be. >> why california is going to take an extra hit if we go over the fiscal cliff. >>> new at 10:00, a man was critically wounded at a shooting in an east b.a.r.t. station. it happened this afternoon at the bay point station. service was interrupted for some time while police searched if station but they did not turn up a suspect. the victim only described as a male was taken to the hospital with what is being called serious injuries. >>> 1,170 people were arrested for dui statewide compared to 1,080 in 1990. in the bay area 165 people have been arrested for dui and there have been three fatal collisions. last year there were 188 arrests and no fatalities. >>> happening now, matt keller is live in fremont where a dui checkpoint is currently on the way. >> this checkpoint has been going on here on fremont b
. >>> stocks rebounded today on news that the house would reconvene on the fiscal cliff after diving more than 150 points the dow bounced back to lose only 18 points. it was the fourth straight day of losses. >> i don't know there's a word to describe how -- the public is going to be. >> why california is going to take an extra hit if we go over the fiscal cliff. >>> new at 10:00, a man was critically wounded at a shooting in an east b.a.r.t. station. it happened...
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. >>> stocks rebounded today on news that the house would reconvene on the fiscal cliff after diving more than 150 points the dow bounced back to lose only 18 points. it was the fourth straight day of losses. >> i don't know there's a word to describe how -- the public is going to be. >> why california is going to take an extra hit if we go over the fiscal cliff. >>> new at 10:00, a man was critically wounded at a shooting in an east b.a.r.t. station. it happened this afternoon at the bay point station. service was interrupted for some time while police searched if station but they did not turn up a suspect. the victim only described as a male was taken to the hospital with what is being called serious injuries. >>> 1,170 people were arrested for dui statewide compared to 1,080 in 1990. in the bay area 165 people have been arrested for dui and there have been three fatal collisions. last year there were 188 arrests and no fatalities. >>> happening now, matt keller is live in fremont where a dui checkpoint is currently on the way. >> this checkpoint has been going on here on fremont b
. >>> stocks rebounded today on news that the house would reconvene on the fiscal cliff after diving more than 150 points the dow bounced back to lose only 18 points. it was the fourth straight day of losses. >> i don't know there's a word to describe how -- the public is going to be. >> why california is going to take an extra hit if we go over the fiscal cliff. >>> new at 10:00, a man was critically wounded at a shooting in an east b.a.r.t. station. it happened...
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Dec 29, 2012
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>> the fiscal cliff is basically a series of an expiration of tax cuts as well as some new taxes combined with spending cuts that if we don't reach by the end of the year, we're going to go over, okay? there's a few main points that are really important to look at. the ones that are going to impact average americans most, that's what you need to consider. the first is the expiration of the bush-era tax cuts. what this means is that basically income tax rates are going to go up for nearly all american taxpayers. president obama, of course, is looking to avert the cliff by setting a threshold whereby the higher income earners will pay more but that the middle income and low income earners won't pay more. also to consider is the application of the amt, the alternative minimum tax. this will apply to taxes in 2012. it's one that's actually looking back a little bit and what's going to happen is you're going to see 30 million more americans be subjected to this tax that weren't before. in addition to that, we're also looking at the expiration of the payroll tax holiday. what that could mean is
>> the fiscal cliff is basically a series of an expiration of tax cuts as well as some new taxes combined with spending cuts that if we don't reach by the end of the year, we're going to go over, okay? there's a few main points that are really important to look at. the ones that are going to impact average americans most, that's what you need to consider. the first is the expiration of the bush-era tax cuts. what this means is that basically income tax rates are going to go up for nearly...
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>> fiscal cliff. >> they confirmed baby news. i guess west announced it at a concert, and now kardashian has confirmed it. there you go. she's still married, by the way -- she's filed for divorce but still married. 72 days after they tied the knot, she filed for divorce from kris humphreys. >> scandalous. i'm very into this fiscal cliff thing. i haven't been following other popular news. but after today, i'm going to be so up on the kardashians. once we settle this fiscal cliff thing, which we're going to do. >> two words you don't hear together, sanjay gupta, and the kardashian update. >> we're keeping a close eye on washington and the fiscal cliff, which is why i didn't know about the kardashian-kanye thing. we're going to talk to chris from the national journal working his sources. >>> and now a new year's eve resolution for washington from you. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, and bring a balanced budg
>> fiscal cliff. >> they confirmed baby news. i guess west announced it at a concert, and now kardashian has confirmed it. there you go. she's still married, by the way -- she's filed for divorce but still married. 72 days after they tied the knot, she filed for divorce from kris humphreys. >> scandalous. i'm very into this fiscal cliff thing. i haven't been following other popular news. but after today, i'm going to be so up on the kardashians. once we settle this fiscal...
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gerri: breaking news in the fiscal cliff tonight, fox news reporting there'll be a meeting of congressional leaders with the president tomorrow. we don't have a time confirmed, but in being with congressional leaders on hand will be the president, mitch mcconnell, the minority leader in the senate and of course harry reid, the majority leader. earlier reports of this story had it john boehner would be on hand, but john boehner is not even in washington, d.c., and a spokesperson told us they haven't been invited. so figure that out. who will follow as it continues to break but right now a meettng with congressional leaders on the fiscal cliff with the president on hand tomorrow, friday, and we will shirk over that. i put different topic. even if you aren't a frequent flyer, my next guest says you can enjoy the perks of being one. like being upgraded to first class and it is not as hard as you think. now, rick, have waited for this segment for the whole show because i wanted that elite status but i don't fly enough to really earn it. so tell me, how can i get that elite status without doing a
gerri: breaking news in the fiscal cliff tonight, fox news reporting there'll be a meeting of congressional leaders with the president tomorrow. we don't have a time confirmed, but in being with congressional leaders on hand will be the president, mitch mcconnell, the minority leader in the senate and of course harry reid, the majority leader. earlier reports of this story had it john boehner would be on hand, but john boehner is not even in washington, d.c., and a spokesperson told us they...
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joe manchin introduced a new bill that he said it would soften the impact of going over the fiscal cliff. he calls it deep cliff alleviation at the last minute -- he says he is not happy to write it. here is what he said at the floor. >> thank you. i will first of all thank both of my colleagues for the diligent work -- they have committed themselves to this work and i appreciate it. mr. president, i rise today frustrated, embarrassed, and angry. it is absolutely inexcusable that all of us find ourselves in this place at this time, standing on the floor of the senate in front of the american people hours before we plunge off the fiscal cliff. with no plan and no apparent hope. but here we are, and we have got to do something. if we are determined to go over the cliff, as we seem, we have to do something to stop and the landing. at the bottom of the fiscal cliff are immediate and massive tax increases, deep and indiscriminate spending cuts, and a risk of another recession. if we come down on the final hours -- we have to bang choices -- to do nothing and cause an unbelievable amount of ha
joe manchin introduced a new bill that he said it would soften the impact of going over the fiscal cliff. he calls it deep cliff alleviation at the last minute -- he says he is not happy to write it. here is what he said at the floor. >> thank you. i will first of all thank both of my colleagues for the diligent work -- they have committed themselves to this work and i appreciate it. mr. president, i rise today frustrated, embarrassed, and angry. it is absolutely inexcusable that all of...
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danielle nottingham, cbs news, washington. >>> teetering on the fiscal cliff is given wall street a case of vertigo. the markets plummeted early, but the dow regained most of its 150-point lost. >>> a former bay area city councilman is about to learn first hand how washington works or doesn't. he's a newly elected congressman and heading into the capitol hill quagmire. juliette goodrich talked to stallwell about his plan to fix our fiscal ills. >> let's face it. you're the freshman walking in. >> reporter: 31-year-old newly elected eric swalwell says if the 112th congress can't figure out the fiscal cliff, he's ready to bring some small town solutions to capitol hill. >> so you really think you can take the city of dublin politics to washington and it's gonna work? >> at the end of the day, it's about personal relationships, trust, working together for the people who elected you. >> reporter: swalwell was a dublin city councilman and said he had to work with republicans in other words to pass the city budget. he says it's the same kind of compromise strategy in washington. >> i'm confide
danielle nottingham, cbs news, washington. >>> teetering on the fiscal cliff is given wall street a case of vertigo. the markets plummeted early, but the dow regained most of its 150-point lost. >>> a former bay area city councilman is about to learn first hand how washington works or doesn't. he's a newly elected congressman and heading into the capitol hill quagmire. juliette goodrich talked to stallwell about his plan to fix our fiscal ills. >> let's face it. you're...
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every american will be hit with higher taxes new year's day because of the fiscal cliff. a teacher with $43,000 a year will get a tax hike of more than $3,000 a year. a professional athlete would see his taxes go up more than 2.4 million a year. unemployment benefits for some 2 million people would expire. the nation may fall back into a recession. >>> even star bucks is getting into the fight on the fiscal cliff. their ceo wants workers to write come together on the coffee cups they serve thursday and friday. it's the company's way of telling the politicians to find common grounds. >> if people would get in the room and leave their ego behind, but be so sensitive to the'ds of the american people, we would have an agreement. >> a suggestion from the ceo. baristas won't be forced to write anything on the cup. >>> regardless of the fiscal cliff, the new year will bring new laws. same sex marriage will be allowed in maryland. that is not not the only new law. we told you about 24 hour casinos and a new law allowing veterans showing their status on drivers license. and freezi
every american will be hit with higher taxes new year's day because of the fiscal cliff. a teacher with $43,000 a year will get a tax hike of more than $3,000 a year. a professional athlete would see his taxes go up more than 2.4 million a year. unemployment benefits for some 2 million people would expire. the nation may fall back into a recession. >>> even star bucks is getting into the fight on the fiscal cliff. their ceo wants workers to write come together on the coffee cups they...
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. >> shifting gears, it has to do little with the fiscal cliff. news about the secretary of state, she in the hospital tonight. can you update us on her condition. >> this is statement from secretary of state spokesperson, hillary clinton is in the hospital after doctors discovered a blood clot stemming from a concussion she sustained several weeks ago. her doctors will continue to assess the situation in the next 48 hours and see if any further action needs to be taken. >> reporter: okay, rich. fox business network here all night. we'll be monitoring potential of a deal and also watching some of the asian markets, hong kong just now beginning to trade. we'll update you at the 10:00 p.m. hour. we want to remind you at 5:00 a.m., sheryl will be here to start the trading day for that. with the opening bell at 9:30 here at new york. if there is a deal we'll have it for you if it happens during our break at the top of the hour but at 5:00 a.m., as well. we'll return to our programming now. hand. it is a time consuming labor which they have to do for h
. >> shifting gears, it has to do little with the fiscal cliff. news about the secretary of state, she in the hospital tonight. can you update us on her condition. >> this is statement from secretary of state spokesperson, hillary clinton is in the hospital after doctors discovered a blood clot stemming from a concussion she sustained several weeks ago. her doctors will continue to assess the situation in the next 48 hours and see if any further action needs to be taken. >>...
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negotiations resume this morning on capitol hill as lawmakers try to avoid going over the fiscal cliff. >> secretary of state hillary clinton remains in a new york hospital this morning so doctors can treat her for a blood clot. >> redskins fans get a chance to buy playoff ticket later this morning after the team's big win over the cowboys. we'll have much more on the stories throughout the morning. good morning everyone. i'm erika gonzalez. >> i'm richard jordan. eun yang and aaron gilchrist are off today. many public transit agencies are running on modified schedules today. metro rail will stay open two hours later closing at 2:00 a.m. tomorrow morning. metro rail and buses are running on a regular weekend schedule. the march rain will operate the penn and brunswick lines on an s schedule. there will be no service on the camden line. the virginia railway express is running on a holiday schedule. >>> a chilly start to the morning as you head out the door. storm team 4 meteorologist veronica johnson is here with us. to tell us about your new year's eve forecast. how everything is shapi
negotiations resume this morning on capitol hill as lawmakers try to avoid going over the fiscal cliff. >> secretary of state hillary clinton remains in a new york hospital this morning so doctors can treat her for a blood clot. >> redskins fans get a chance to buy playoff ticket later this morning after the team's big win over the cowboys. we'll have much more on the stories throughout the morning. good morning everyone. i'm erika gonzalez. >> i'm richard jordan. eun yang and...
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now, regardless of what happens with the "fiscal cliff," new taxes to help pay for the affordable healthcare act will take effect january 1. but the average american will not really see a difference in his bill to the irs. the wealthiest 2% of americans and the healthcare industry will pick up the majority of the tab. back to you. >> thank you. >>> now, ladies and gentlemen, time for the big story of the day. that is as per usual the weather and now the hardest working woman in showbiz. >> i have been working a lot lately. i know. yeah. the holidays, busy time. and if you are out and about traveling you know the rain has been a big issu the last few days. we'll get some brief dry breaks but we have heavier cells moving through. look over san francisco. everywhere you see that orange and yellow that's the heavier rain moving through actually through hayward right now if you are traveling the nimitz anytime in the near future. dublin-pleasanton socked in with rain. so the main cold front has already moved through. this is just unstable air behind it. cool and breezy throughout the afternoon fi
now, regardless of what happens with the "fiscal cliff," new taxes to help pay for the affordable healthcare act will take effect january 1. but the average american will not really see a difference in his bill to the irs. the wealthiest 2% of americans and the healthcare industry will pick up the majority of the tab. back to you. >> thank you. >>> now, ladies and gentlemen, time for the big story of the day. that is as per usual the weather and now the hardest working...
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of the fiscal cliff. >> good morning and happy new year, andrea. frantic rush of negotiations leading through this holiday. there has been a breakthrough that could affect everyone's pocketbook, but it happened with time nearly running out. three hours before the midnight deadline and the vice president arrived on capitol hill. >> happy new year. did you think we would be here new year's eve? >> reporter: joe biden moved from key negotiator to his pa y party's closer, meeting behind closed doors with fellow democrats to make his case for his package. >> you shouldn't predict how the senate is going to vote before they vote. you won't make a lot of money and number two, you surely shouldn't predict how the house is going to vote. >> reporter: instead of sweeping tax increases for everyone, new higher rates would hit those making over $400,000 a year, $450,000 for couples. plus higher rates on savings, investments and large inheritances. overall, tax increases of about $600 billion over ten years. both parties compromised on taxes to mixed reviews. >
of the fiscal cliff. >> good morning and happy new year, andrea. frantic rush of negotiations leading through this holiday. there has been a breakthrough that could affect everyone's pocketbook, but it happened with time nearly running out. three hours before the midnight deadline and the vice president arrived on capitol hill. >> happy new year. did you think we would be here new year's eve? >> reporter: joe biden moved from key negotiator to his pa y party's closer, meeting...
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cliff. he's due in court january 4. >>> mitt romney's son is making news after an interview he gave to "the boston globe" this weekend. tag romney, who played a major role in the campaign said "he wanted to be president less than anyone i've met in my life." he also said his dad had no desire to run again after falling short in 2008. but was pushed into it by a weak republican field. >>> to the weather now. meteorologist chuck bell is here, talking about some rain for christmas eve. chuck, is it going to be all rain or will some of it be of the frozen variety? >> jim, that is the $64,000 question. i think most locations, especially north and west of i-95, will see at least some small amount of sleet. the steadier sleet will be well out to the north and west, in the mountains of west virginia. the moisture is coming out of the deep south and it's reached as far north as the kentucky and north carolina and tennessee boarders with virginia. this is all inbound rain. it's not going to get here a
cliff. he's due in court january 4. >>> mitt romney's son is making news after an interview he gave to "the boston globe" this weekend. tag romney, who played a major role in the campaign said "he wanted to be president less than anyone i've met in my life." he also said his dad had no desire to run again after falling short in 2008. but was pushed into it by a weak republican field. >>> to the weather now. meteorologist chuck bell is here, talking about...
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investors sold stocks yesterday at the deadline but that deal to avoid the fiscal cliff on new year's if democrats and republicans can't compromise, tax hikes will kick in, the tax policy center said families making $50,000 a year will have to pay $2,400 more in taxes. >>> the excon who lured firefighters to their deaths left a note saying he wanted to burn down the neighborhood and do what i like doing best, killing people. >> we are being shot at. multiple fireman down, i'm shot. >> that was a call that a wounded firefighter made, william spangler burned his home yesterday and waited for first responders. he was armed a gun, a shot gun and a rifle. he opened fire when crews arrived. arrived. two firefighters were killed. >> just always there for you. you just take them for granted. you don't -- >> two more wounded are still in the hospital on this christmas day. spangler took his own life. his rifle is the same make and caliber weapon used by the newtown shooter. >>> families in connecticut are trying to find solace on this christmas day. the town is still reeling from the shooting
investors sold stocks yesterday at the deadline but that deal to avoid the fiscal cliff on new year's if democrats and republicans can't compromise, tax hikes will kick in, the tax policy center said families making $50,000 a year will have to pay $2,400 more in taxes. >>> the excon who lured firefighters to their deaths left a note saying he wanted to burn down the neighborhood and do what i like doing best, killing people. >> we are being shot at. multiple fireman down, i'm...
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cliff take effect. the office of personnel management issued new guidelines which state that employees will be given at least 60 days' notice before any furloughs of more than 22 days. they'll receive 30 days' notice for furloughs shorter than that. workers will also not be allowed to use other forms of paid time off like sick leave. >>> investors overseas appear to be optimistic about the -- the nikkei index hit the highest mark since march of last year. markets in hong kong, south korea and australia are also up today. >>> new this morning, iran state television is reporting the country's navy started training drills in the strait of hormuz. that area sees 20% of the oil pass through it. the state tv report says it includes warships, submarines and jet fighters. iran warned other ships to stay away from the site until after the new year. >>> other countries are worried these tests are another step towards iran developing a nuclear weapon. we go to melissa mollet now with breaking news at the live desk
cliff take effect. the office of personnel management issued new guidelines which state that employees will be given at least 60 days' notice before any furloughs of more than 22 days. they'll receive 30 days' notice for furloughs shorter than that. workers will also not be allowed to use other forms of paid time off like sick leave. >>> investors overseas appear to be optimistic about the -- the nikkei index hit the highest mark since march of last year. markets in hong kong, south...
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it is down to the wire now with about 80 hours until the fiscal cliff deadline. and on what is a holiday weekend for many, that is not the case for congressional leaders in washington. there was a sense of urgency today as the president met with house and senate leaders along with the treasury secretary and vice president a short while ago at the white house to try and forge a last-minute deal. the president says he is optimistic, but at this hour, the fiscal cliff still looms. we begin our coverage with nbc's white house correspondent, peter alexander who has been watching the developments all day. peter, good evening to you. >> reporter: natalie, good evening to you. after his first meeting with all of the top four congressional lawmakers since before thanksgiving, the president marched into the briefing room here at the white house and he said the time for immediate action is now. he called for a bipartisan agreement and said to congressional leaders, warning them the public's patience has worn out. after an hour-long closed-door meeting with the president, bo
it is down to the wire now with about 80 hours until the fiscal cliff deadline. and on what is a holiday weekend for many, that is not the case for congressional leaders in washington. there was a sense of urgency today as the president met with house and senate leaders along with the treasury secretary and vice president a short while ago at the white house to try and forge a last-minute deal. the president says he is optimistic, but at this hour, the fiscal cliff still looms. we begin our...
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boehner sent house members home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today whether to follow the senate's lead and hike taxes on the wealthy. from capitol hill, steve handelsman, nbc news. bill, back to you. >> reaction to the senate's move was swift as many people were still up welcoming the new year. familiar faces on msnbc were in rare form starting with joe scarborough who tweeted, why can't washington ever put together a deal that cuts spending? this deal fails on most counts. it's a distressing failure of leadership. "morning joe" regular steve ratner tweeted, the only thing worse than this deal would have been no deal, or maybe not, he added. ezra klein wrote, obama isn't making it easier for rs to vote for this deal but probably thinks if the rs kill it they get all the fiscal cliff blame. >>> new information on secretary of state hillary clinton and the blood clot that has her hospital
boehner sent house members home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today whether to follow the senate's lead and hike taxes on the wealthy. from capitol hill, steve handelsman, nbc news. bill, back to you. >> reaction to the senate's move was swift as many people were still up...
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for more, head to nbcwashington.com, and search fiscal cliff. >>> a 24-year-old woman is under arrest in connection with the ambush attack that killed two firefighters in webster, new york. done nguyen of rochester is facing federal charges. police say she shot the semiautomatic rifle and shotgun that wrim spangler used to shoot four firefighters on christmas eve. spangler later killed himself. he was convicted of killing his grandmother back in the 1980s. as a felon was not allowed to even own a gun. >> they're notorious for no background checks. >> protesters made their voices heard outside the nation's gun show at the dulles expo center. two weeks after the deadly shootings in newtown, krk countering, lines at the center stretched far into the parking lot. gun show attendens and gun sales have been on the increase since the new town shootings as gun rights activists worried about tightening rules. >>> in district heights, neighbors held their own vigil. 24th doesn't interrupt anyone, but still made their presence known. prince george's county bureau chief tracee wilkins is live wit
for more, head to nbcwashington.com, and search fiscal cliff. >>> a 24-year-old woman is under arrest in connection with the ambush attack that killed two firefighters in webster, new york. done nguyen of rochester is facing federal charges. police say she shot the semiautomatic rifle and shotgun that wrim spangler used to shoot four firefighters on christmas eve. spangler later killed himself. he was convicted of killing his grandmother back in the 1980s. as a felon was not allowed to...
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where neglect smagss stand at this hour as we edge closer to going over the fiscal cliff. >> the dream season continues for redskins fans after the team's big win over the cowboys. has them playoff bound this morning. >>> can you believe that? >> going to be a happy new year for everyone. good morning, i'm richard jor n jordan, i'm erika gonzalez.
where neglect smagss stand at this hour as we edge closer to going over the fiscal cliff. >> the dream season continues for redskins fans after the team's big win over the cowboys. has them playoff bound this morning. >>> can you believe that? >> going to be a happy new year for everyone. good morning, i'm richard jor n jordan, i'm erika gonzalez.
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we are going to go over the fiscal cliff, but if we get a deal in the next couple days, everything could be made retroactive. they remayes optimistic a deal will be reached. indeed dow jones industrial average going up 168 points. >> we haven't seen them panicking so far. >> not yet, but last friday there was concern we would not get a deal and we saw the market sell off, and then the futures, which indicate where we'll open the next trading session, they completely collapsed. they have come back on an optimism we will get a deal, but listen, there's still a lot of sticking point. the number of deductions people may raise. the republicans want to cut spending. nothing is worked out yet, but the market does remain hopeful. >> market closed for the last time of the year. can you give us a picture of the year as a whole on wall street? >> the year was pretty good, to be honest. the dow jones industrial average making solid gains, but the s&p 500, a broader induction, that's up double digits. the nasdaq was the big winner. for your viewers they're going to go and empty out their 401(k) progr
we are going to go over the fiscal cliff, but if we get a deal in the next couple days, everything could be made retroactive. they remayes optimistic a deal will be reached. indeed dow jones industrial average going up 168 points. >> we haven't seen them panicking so far. >> not yet, but last friday there was concern we would not get a deal and we saw the market sell off, and then the futures, which indicate where we'll open the next trading session, they completely collapsed. they...
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Dec 31, 2012
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it appears a deal to prevent the nation from reaching the fiscal cliff will not happen today. president obama and senate republicans say they are close to a deal that would prevent tax hikes on most americans. at this hour, there's still no plan in the house to hold a vote on it. that could all change, and we will definitely keep you posted. >>> and you're looking at a live pictures of times square in new york city. 1 million people are expected to jam the streets to celebrate the new years and waffle the traditional crystal ball drop. authorities are working to keep everyone safe. a ban a alcohol will be enforced, bags will be searched, surrounding streets will be shut down. >>> back here in maryland, some in you year's eve celebrations will give way to wedding celebrations. same-sex marriage will officially become legal in the state shortly after the ball drops. at chris gordon reports, that has some couples planning their ceremony down to the second. >> reporter: sabrina and natasha live in frederick with their three children. they're cupping to the annapolis chapel to get
it appears a deal to prevent the nation from reaching the fiscal cliff will not happen today. president obama and senate republicans say they are close to a deal that would prevent tax hikes on most americans. at this hour, there's still no plan in the house to hold a vote on it. that could all change, and we will definitely keep you posted. >>> and you're looking at a live pictures of times square in new york city. 1 million people are expected to jam the streets to celebrate the new...
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Dec 28, 2012
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. >>> going over the fiscal cliff could have a huge impact on the local economy. thousands of people could lose their jobs, especially federal employees and government contractors. the defense industry could face billions of dollars in cuts. >> i represent the third largest number of federal employees and probably the largest single number of federal contractors. so that federal nexus is really important to our economy. we immediate to end the uncertainty. >> economists say it is possible, though, this new terminology to step over if you will the cliff. that means lawmakers will reach some kind of a deal a few weeks after the new year begins. >>> retailers are bracing for more bad news as thousands of workers at u.s. ports are preparing to strike. jackie deangelis live with that story and more. jackie? >> good morning, aaron. time is running short to avoid a possible strike this weekend at more than a dozen east and gulf coast ports stretching from maine to texas. more than 14,000 long shore men could walk off the job when their contract expires tomorrow in a long
. >>> going over the fiscal cliff could have a huge impact on the local economy. thousands of people could lose their jobs, especially federal employees and government contractors. the defense industry could face billions of dollars in cuts. >> i represent the third largest number of federal employees and probably the largest single number of federal contractors. so that federal nexus is really important to our economy. we immediate to end the uncertainty. >> economists say...
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on the fiscal cliff negotiations. i'm terrell brown in new york city. happy new year, everybody. this is the "cbs morning news." i'm terrell brown in new york ci city. happy new year, everybody. this is the "cbs morning news." n this old container smell fresh? describe the room. a big, open space. smells really fresh, man. oh! [ both laugh ] febreze? how about that? yeah. febreze anti-clogging technology keeps it smelling fresh. febreze. breathe happy. [ female announcer ] the gold standard in anti-aging. roc® retinol. found in roc® retinol correxion deep wrinkle night cream. it's clinically proven to give 10 years back to the look of skin. now for maximum results... the power of roc® retinol is intensified with a serum to create retinol correxion® max. it's proven to be 4x better at smoothing lines and deep wrinkles than professional treatments. new roc® retinol correxion® max. nothing's better than gold. >>> it's estimated that 25,000 african elephants are killed every year by poachers for their ivory tusks. a
on the fiscal cliff negotiations. i'm terrell brown in new york city. happy new year, everybody. this is the "cbs morning news." i'm terrell brown in new york ci city. happy new year, everybody. this is the "cbs morning news." n this old container smell fresh? describe the room. a big, open space. smells really fresh, man. oh! [ both laugh ] febreze? how about that? yeah. febreze anti-clogging technology keeps it smelling fresh. febreze. breathe happy. [ female announcer ]...
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Dec 31, 2012
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. >>> just hours away from the fiscal cliff deadline and still no deal. lawmakers called it a day around 7:30 tonight and will be back tomorrow. they're stuck on the income threshold for higher taxes and the taxevel on large estates. vice president joe biden has taken over as lead negotiator for democrats and expected to keep working with mitch mcconnell. steve handelsman explains why some lawmakers might prefer to go over the cliff. >> reporter: the night before the fiscal cliff. >> the senate stands in recess. >> reporter: the senate gave until tomorrow. >> there still time left to reach an agreement. >> reporter: house lawmakers headed home, dropping a command to cut social security and hope the senate sends them a deal with minimal tax hikes on the rich. >> i'm still optimistic that we can get this averted before the final hour here tomorrow. >> reporter: when the clock strikes 2013, taxes go up on most americans. huge defense cuts kick in, which some republicans claim barack obama favors. >> it's obvious the president wants us to go over the fiscal c
. >>> just hours away from the fiscal cliff deadline and still no deal. lawmakers called it a day around 7:30 tonight and will be back tomorrow. they're stuck on the income threshold for higher taxes and the taxevel on large estates. vice president joe biden has taken over as lead negotiator for democrats and expected to keep working with mitch mcconnell. steve handelsman explains why some lawmakers might prefer to go over the cliff. >> reporter: the night before the fiscal...
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. >>> stay with news4 for the up-to-the minute on the information on the fiscal cliff. we will be monitoring lawmakers on the hill and have an update in the next half hour. of course, you can always get details on nbcwashington.com. >>> breaking news right now. related to the child sex abuse scandal involving former penn state football coach jerry sandusky. the governor of pennsylvania says he plans to sue the ncaa over sanctions it imposed against the team. the university agreed to the sanction last july. they included $60 million fine, that would be used nationally to finance child abuse prevention efforts. governor corbett objects to money being spent outside of pennsylvania. he scheduled to hold a news conference after filing the lawsuit tomorrow. >>> she is in good spirits and making excellent progress. that's what doctors have to say about secretary of state hillary rodham clinton as she gets treated for a blood clot in her head. it was found this weekend during an exam to check her recovery from a concussion she suffered after a fall at her home last month. docto
. >>> stay with news4 for the up-to-the minute on the information on the fiscal cliff. we will be monitoring lawmakers on the hill and have an update in the next half hour. of course, you can always get details on nbcwashington.com. >>> breaking news right now. related to the child sex abuse scandal involving former penn state football coach jerry sandusky. the governor of pennsylvania says he plans to sue the ncaa over sanctions it imposed against the team. the university...